Welcome to our dedicated page for Kimco Realty Cp news (Ticker: KIM), a resource for investors and traders seeking the latest updates and insights on Kimco Realty Cp stock.
Kimco Realty Corp. (NYSE: KIM) is a U.S. real estate investment trust (REIT) that owns and operates open-air, grocery-anchored shopping centers and mixed-use properties. The company’s news flow provides insight into its property operations, capital allocation, and balance sheet strategy, which are central topics for investors following KIM stock news and developments in the shopping center REIT space.
Regular earnings releases and related conference calls highlight Kimco’s results for key metrics such as net income, funds from operations (FFO), occupancy levels, leasing spreads, and same property net operating income (NOI). These updates often include details on leasing activity, small shop and anchor occupancy, and the spread between leased and economic occupancy, which indicates signed leases that have not yet commenced.
Kimco’s news also covers development and redevelopment projects, including mixed-use and multi-family components at select centers, as well as transactions such as acquisitions, dispositions, and structured investments tied to shopping center assets. Announcements about tenants at Kimco-owned properties, such as new experiential concepts or national retailers opening at centers like Dania Pointe or El Camino Promenade, illustrate how the portfolio is being curated and repositioned over time.
Capital markets and balance sheet updates are another recurring theme, including senior unsecured note issuances, credit facility information, and share repurchase activity. The company has also reported on at-the-market equity offering programs and forward sale agreements, which provide flexibility in raising equity capital. Rating agency actions, such as A-level credit ratings from major agencies, appear in Kimco’s press releases along with the rationales those agencies provide.
This news page aggregates such disclosures, giving readers a centralized view of Kimco Realty’s operational performance, portfolio evolution, and financing activities as reported through its press releases and related announcements.
Kimco Realty (NYSE: KIM) will announce its Q2 2022 earnings on July 28, 2022, before market open. A conference call will occur at 8:30 AM ET on the same day and will be available via webcast. Kimco, a major player in the real estate investment trust sector, specializes in grocery-anchored shopping centers and has a portfolio covering 93 million square feet of leasable space as of March 31, 2022. The company is committed to ESG principles and has been publicly traded since 1991, included in the S&P 500 Index.
Kimco Realty (NYSE: KIM) reported strong first-quarter 2022 results, with net income of $230.9 million ($0.37 per diluted share), up 23% year-over-year. Funds From Operations (FFO) increased 18.2% to $240.6 million ($0.39 per diluted share). The company leased 4.7 million square feet, raising portfolio occupancy to 94.7%. A 5.3% increase in the quarterly cash dividend to $0.20 per share was announced, reflecting confidence in financial performance. The company also raised its full-year guidance for net income and FFO, signaling optimism amid robust tenant demand.
Kimco Realty (NYSE: KIM) has announced a quarterly cash dividend of $0.20 per common share, marking a 5.3% increase from the previous dividend. This dividend will be payable on June 23, 2022, to shareholders of record as of June 9, 2022. Additionally, dividends on the company's 5.125% Class L and 5.25% Class M preferred shares will be distributed on July 15, 2022, to shareholders of record on July 1, 2022.
Kimco Realty (NYSE: KIM) is set to announce its first quarter 2022 earnings on April 28, 2022, before market open. A quarterly earnings conference call will be held the same day at 8:30 AM ET, available via webcast. Kimco is a leading real estate investment trust (REIT), recognized for its grocery-anchored shopping centers. As of December 31, 2021, it owned interests in 541 U.S. shopping centers, totaling 93.3 million square feet of gross leasable space. The company remains committed to environmental, social, and governance (ESG) initiatives.
Kimco Realty (NYSE: KIM) announced its management will present at the Citi 2022 Global Property CEO Conference on March 8, 2022, from 8:15 A.M. to 8:50 A.M. ET. This event underscores Kimco's position as the largest publicly traded owner of grocery-anchored shopping centers in North America, with a focus on essential goods. The live webcast can be accessed here. A recording will be available on its investor relations website until March 7, 2023.
Kimco Realty (NYSE: KIM) announced the pricing of a public offering of $600 million in 3.200% notes due April 1, 2032, with an effective yield of 3.297%. The offering is expected to settle on February 25, 2022 and aims to use net proceeds to redeem existing 3.400% Senior Notes due 2022, alongside funding for corporate purposes, such as investments and redevelopment. The offering is executed under an effective shelf registration statement, with several major financial institutions serving as managers.
Kimco Realty (NYSE: KIM) announced the redemption of $500 million of its 3.400% Senior Notes due March 2, 2022. The redemption price will be $1,012.94 per $1,000 principal amount, plus accrued interest. The company will incur a $6.5 million prepayment charge, affecting net income and funds from operations by approximately $0.01 per diluted share in Q1 2022. A notice of redemption will be sent to noteholders on February 15, 2022. Kimco Realty is a leading REIT focused on open-air, grocery-anchored shopping centers in major U.S. markets.
Kimco Realty reported Q4 2021 results with net income of $75.3 million, or $0.13 per diluted share, down from $194.9 million or $0.45 in Q4 2020. Funds From Operations (FFO) increased to $240.1 million, $0.39 per diluted share. Portfolio occupancy rose to 94.4%, with new leasing spreads at 14.1%. The board raised the quarterly dividend by 11.8% to $0.19 per share. Full-year net income was $818.6 million, or $1.60 per diluted share. Kimco significantly invested in Albertsons Companies (ACI), valued at over $1.2 billion. The company forecasts 2022 net income of $0.51 to $0.55 per share.
Kimco Realty has announced an 11.8% increase in its quarterly cash dividend, now set at
Kimco Realty (NYSE: KIM) has announced its dividend distributions for 2021, allocating $0.680000 per share for common stock and $1.281240 for preferred stock. The dividends are to be recorded on Form 1099-DIV, with common distributions occurring quarterly, and preferred distributions made quarterly. The dividend payments are indicative of the company’s ongoing commitment to returning income to shareholders. Kimco is recognized as an industry leader in environmental, social, and governance (ESG) issues, operating a portfolio of 545 shopping centers across the U.S. as of September 30, 2021.
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